Monthly Rent Report
Midtown Rent Report — March 2022
Asking rents in ZIP 10018, New York City, from 14 listings.
Median 1BR rent in Midtown was $4,482 in March 2022, down 8.4% (−$411) from February 2022 and up 36.3% year-over-year. The middle half of 1BR listings asked between $4,482 and $4,496. That puts Midtown $2,387 above the New York City citywide 1BR median of $2,095. The month's figures are based on 14 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,868 | +$162 (+4.4%) | +$1,418 (+57.9%) | $3,826 – $3,871 | 3 |
| 1BR | $4,482 | −$411 (-8.4%) | +$1,193 (+36.3%) | $4,482 – $4,496 | 5 |
| 2BR | $5,620 | −$56 (-1.0%) | +$620 (+12.4%) | $5,548 – $5,693 | 2 |
| 3BR | $11,995 | −$6,005 (-33.4%) | +$9,700 (+422.7%) | $10,745 – $11,995 | 3 |
| 4BR | $5,500 | — | — | $5,500 – $5,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Midtown vs. New York City — March 2022
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,868 | $1,850 | +$2,018 (+109.1%) |
| 1BR | $4,482 | $2,095 | +$2,387 (+113.9%) |
| 2BR | $5,620 | $2,398 | +$3,223 (+134.4%) |
| 3BR | $11,995 | $2,990 | +$9,005 (+301.2%) |
| 4BR | $5,500 | $3,398 | +$2,103 (+61.9%) |
Citywide figure is the median of zip-level medians across 174 New York City zip codes with listings in March 2022.